Property curbs can’t stop ultra wealthy from buying luxury properties

[jwong71]

https://sbr.com.sg/residential-property/in-focus/property-curbs-couldnt-stop-ultra-wealthy-and-foreigners-buying-luxury

Maybe the rich knows something we don’t know..?

[thomastansb]

Maybe... Like those bought Sentosa at its peak. Still haven't break even.



https://sbr.com.sg/residential-property/in-focus/property-curbs-couldnt-stop-ultra-wealthy-and-foreigners-buying-luxury

Maybe the rich knows something we don’t know..?

[Arcachon]

Maybe... Like those bought Sentosa at its peak. Still haven't break even.

Depends they buy to sell or buy to stay.

[teddybear]

Those buy to spend and enjoy, not invest lah! Just like rich people buy rolls royce at >$1M each, to make money mah?!
So you have to differentiate buy to enjoy and use or buy to invest, criteria can be totally different! :banghead:


Maybe... Like those bought Sentosa at its peak. Still haven't break even.

[PropVestor]

https://www.businesstimes.com.sg/real-estate/developers-now-have-to-screen-buyers-to-prevent-money-laundering-under-new-bill

If not for the sheer amount of money flowing in all from over the world to this tiny island...we will not have to resort to this.